Douglas claimed the purpose of Social Credit is to ‘release reality’ with respect to human activity, which means releasing people from artificial constraints. I suspect it was a frustration to him that people became increasingly preoccupied with the money question which was a limited policy based on a much more inspiring, subversive philosophy of real liberty and personal responsibility.
From time to time my mind turns to a difficult idea. A.R. Orage called it The Fear of Leisure. In a speech by that name Orage said of the prospect of an increasingly leisured society, ‘Douglas can prove that it is possible; you have to make it desirable.1’
Economists and politicians are pretty clear about their intentions for the economies they claim to run; growth. Growth, in economic terms, means increasing production and consumption of goods and services. In other words, the policy of growth has the objective of always exceeding economic maximums. It is the economic policy equivalent of a rampaging snowball.
Seeing that Greece is the only thing people are talking about I give you the following tidy description of the rise and fall of the monopoly of credit in the same place at a different time. It is taken directly from Aubrey de Sélincourt’s The World of Herodotus.